this post was submitted on 13 Nov 2024
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[–] hddsx@lemmy.ca 12 points 4 days ago (7 children)

What does blockchain solve that existing contracts don’t do? Blockchain has takeover possibility

[–] Iheartcheese@lemmy.world 3 points 4 days ago (6 children)

Honestly I don't know. I'm just pointing out the only thing that kind of sort of sounded like a good idea for it I've ever heard. For pictures it's stupid that's for sure

[–] hddsx@lemmy.ca 12 points 4 days ago (5 children)

It’s not a picture though. It’s a link to a picture on a server somewhere. If the host goes down, you own nothing.

[–] Zagorath@aussie.zone 1 points 4 days ago (1 children)

Isn't it just a small amount of data? If the picture is small enough you could put it directly on the blockchain.

Dunno why you would though. It's very limiting for no particular gain.

[–] ConnecticutKen@lemmy.world 5 points 4 days ago (1 children)

But in NFTs the picture is not on the Blockchain. Only a link to the picture is on the Blockchain and the picture itself is still just on the web.

[–] hddsx@lemmy.ca 2 points 4 days ago

No, they are right. What they are saying is that even though pretty much all NFTs contain a link to a picture on the blockchain, theoretically you could write a really, really small image in the space where you would normally write the URL. From a quick google, that’s 100 bytes. For a black and white image, that’s 100 pixels. For color, that’s around 30 pixels

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